Year: 2019

London, Dec. 12, 2019 (GLOBE NEWSWIRE) — EdtechX Holdings (UK) announces education technology transaction with Meten Education and its digital platform Likeshuo (China)EdtechX Holdings (“EdtechX”) (Nasdaq: EDTX), a special purpose acquisition company (“SPAC”) seeking to acquire a target in the education services and education technology industry, announced today that it has entered into a definitive merger agreement with Meten Education (China) (“Meten”). Meten and its digital platform Likeshuo are a market leader in English Learning Training (“ELT”) in China. The combined entity (“New Holdco”) will operate as Meten EdtechX and focus on providing industry leading English and future skills training for a growing market of Chinese students and young professionals. Meten EdtechX intends to pursue expansion plans including market consolidation...

Fourth Quarter and 2019 financial results webcast and conference call scheduled for Thursday, Jan. 30, 2020 at 8:00 a.m.FALLS CHURCH, Va., Dec. 12, 2019 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and 2019 financial results will be posted on its investor relations website on Jan. 30, 2020. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company’s website at http://investor.northropgrumman.com.The company’s fourth quarter and 2019 conference call will be held at 8:00 a.m. Eastern time, Thursday, Jan. 30, 2020. Kathy Warden, chairman, chief executive officer...

Houston, TX, Dec. 12, 2019 (GLOBE NEWSWIRE) — Sentinel Energy Services Inc. (the “Company” or “Sentinel”) today announced that its public warrantholders approved an amendment to the warrant agreement (the “Warrant Agreement Amendment”) that governs all of the Company’s outstanding warrants at a special meeting of the Company’s public warrantholders held on December 9, 2019.  The Warrant Agreement Amendment provides that each of the Company’s outstanding public warrants will automatically convert into the right to receive $0.02 per whole public warrant on such date as determined by the Company. The Company expects that it will pay $0.02 for each outstanding public warrant on or about December 17, 2019, following which the Company will have no warrants outstanding. The Company intends to continue to evaluate appropriate transaction...

     LOS ANGELES, Dec. 12, 2019 (GLOBE NEWSWIRE) — During fiscal 2019, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $48,655,000 as compared with $40,703,000 in the prior year.  This increase of $7,952,000 was primarily from (i) Journal Technologies’ increased license and maintenance fees of $2,954,000, consulting fees of $2,707,000 and public service fees of $2,370,000, and (ii) the Traditional Business’ increases of display advertising net revenues of $344,000, including conference revenues, and legal notice advertising net revenues of $106,000, partially offset by a reduction in the Traditional Business’ classified advertising net revenues of $246,000, trustee sale notice advertising net revenues of $196,000 and circulation revenues of $152,000.     The Traditional Business’ pretax income decreased by $218,000...

Kaldalón hf.  Árshlutareikningur fyrstu 9 mánuði ársins 2019Kaldalón hf. hefur birt árshlutareikning sinn fyrir tímabilið 1. janúar til 30. september 2019 sem samþykktur var af stjórn félagsins í dag, 12. desember 2019.Hagnaður Kaldalóns hf. á tímabilinu nam 72,3 milljónum króna. Heildareignir félagsins námu 5,2 milljörðum króna og skuldir félagsins voru tæplega 1,2 milljarðar króna. Eigið fé félagsins var 4,06 milljarðar króna í lok tímabilsins.  Eiginfjárhlutfall Kaldalóns var 77,8% í lok tímabilsins. Kaldalón á eignarhluti í tíu félögum þar sem fer fram fasteignaþróun og byggingastarfsemi að undanskyldri Steinsteypunni sér um rekstur steypustöðvar.Verkefni Kaldalóns á framkvæmdastigi eru metin miðað við framvindu og vænta framlegð að teknu tilliti til sérstakrar varúðarfærslu sem nemur 100 milljónum króna þann 30.9.2019.  Aðrar eignir...

NEW YORK, Dec. 12, 2019 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO); Athene Holding Ltd. (together with its consolidated subsidiaries, “Athene”) (NYSE: ATH); and GE Capital, the financial services arm of GE (NYSE: GE), today announced they have closed their previously announced transaction for Apollo and Athene to purchase PK AirFinance, an aviation lending business, from GECAS, GE Capital’s Aviation Services unit.  In connection with this transaction, Apollo has acquired the PK AirFinance aircraft lending platform and Athene has acquired PK AirFinance’s existing portfolio of loans.PK AirFinance is a leading aircraft lending business that serves airlines, aircraft traders, lessors, investors and financial institutions globally with loans to borrowers in more...

VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — Prism Resources Inc. (TSX.V: PRS) (the “Company”) announces that its application for Summary Judgement against Detour Gold Corp. (“Detour”) has been scheduled for hearing in Ontario Superior Court of Justice on May 28, 2020.  The Company announced on April 30, 2019 that it had filed a Statement of Claim against Detour.In its claim the Company seeks general damages of $10,000,000.00; special damages, costs and interest, as well as a declaratory judgement that its 7.5% net profit interest (the “Royalty”) in the Aurora and Sunday Lake claim block owned by Detour is valid charge and enforceable as against Detour.The Company announced on July 10, 2017 that it had entered into an agreement with (the “Royalty Purchase Agreement”) with AuRico Metals Inc. and AuRico Metals Canadian...

Hluthafafundur Brim hf. samþykkti eftirfarandi tillögur, annars vegar tillögu um staðfestingu á kaupum á öllu hlutafé í Fiskvinnslunni Kambi hf. og Grábrók ehf. og hins vegar tillögu um að fela stjórn félagsins að leggja fram til samþykktar eða synjunar í síðasta lagi til aðalfundar á árinu 2020, tillögur sem miða að því að auka möguleika erlendra aðila til óbeinnar fjárfestingar í félaginu.Fyrri tillagan:Hluthafafundur Brim hf. þann 12. desember 2019 staðfestir með hliðsjón af af 95. gr. a. laga nr. 2/1995 um hlutafélög, ákvörðun stjórnar frá 14. nóvember 2019 um kaup á öllu hlutafé í Fiskvinnslunni Kambi hf. og Grábrók ehf. Kaupverðið nemur samtals 3.084 milljónum króna og verður greitt að hluta með hlutabréfum í Brimi hf. sem eru í eigu félagsins og nema um 1,1% af heildarhlutafé Brims hf. að verðmæti um 835 milljónir króna.Seinni...

BEIJING, Dec. 12, 2019 (GLOBE NEWSWIRE) — Baidu, Inc. (NASDAQ: BIDU) on Thursday unveiled the Xiaodu Smart Display X8, customized for the evolving needs of China’s households with advanced AI-powered interaction capabilities and an enhanced “Children’s Mode”.The Xiaodu Smart Display X8 is equipped with a suite of upgraded AI-powered functions that allow users to interface seamlessly with the device, including full-duplex continued conversation, far-field voice interaction, facial recognition, hand gesture control, and eye gesture detection. The X8 boasts an extensive new content services ecosystem for family entertainment, which includes home feed, videos, live streaming, music, games, and online education programs for children of different ages. Intelligent interaction and user experience are further enhanced through the X8’s built-in...